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Keynes and Macroeconomics: An Alternative Theory of Employment, Finance and Sustainability book cover

1st Edition

Keynes and Macroeconomics An Alternative Theory of Employment, Finance and Sustainability

By Arne Heise Copyright 2026
278 Pages 21 B/W Illustrations
by Routledge

278 Pages 21 B/W Illustrations
by Routledge
Also available as eBook on:
In 1936 John Maynard Keynes published a book that he believed would revolutionise the way the world thinks about economic problems: The General Theory of Employment, Interest, and Money . Although the book became the foundation of a particular approach to economic theorising – later termed macroeconomics, in contrast to the microeconomics of the Neoclassical school, which had just begun to... Read more

Lists of Figures and Tables

Preface

Part I Preliminaries

1 Introduction

Part II Keynes and the Orthodoxy

2 Economics at the Beginning of the 20th Century

3 Keynes’s Attack on the Citadel: From the Treatise to the General Theory

4 Shortcomings of the General Theory

Part III A Post Keynesian Alternative

5 Keynes’s Monetary Theory of Production

6 Income Distribution in a Monetary Theory of Production

7 Financialisation and Casino Capitalism

8 Financialised Monetary Production and the Instability Hypothesis

9 Casino Capitalism and Planetary Limits

Part IV Outlook

10 Some Notes on the Future of Heterodox Economics

11 New Economics, Paradigm Shifts and the Lack of Philosophical Foundations in Economics

References

Index

Biography

Arne Heise is Professor of Economics at the Department of Socioeconomics at Hamburg University and Director of the Center for Economic and Sociological Studies (CESS) at Hamburg University.

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